11848 Venice Blvd - Apartments FOR SALE


Los Angeles, CA 90066- Mar Vista
$2,900,000 USD
310-963-7010
11848 Venice Blvd, Los Angeles, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

11848 Venice Blvd
Los Angeles, CA 90066
Mar Vista


HIGHLIGHTS

  • Rare Value-Add Opportunity in Prime Mar Vista Neighborhood
  • TWO SEPARATE PARCELS || 11848 Venice Blvd (3 Units), 7,089SF, APN 4214-017-032 || 11856 Venice Blvd (4 units), 7,044SF, APN 4214-017-033
  • 14,133 SF - Priced to Sell || Zoned R3 || TOC Tier 1 || ED 1 Eligible || Tenant Occupied
  • Detached Carport/Garage in the Rear Provides ADU Potential (buyer to verify)
  • Ideal for Builders, Developers, Contractors, Buy-and-Hold or Fix-and-Flip Buyers Seeking Long-Term or Short-Term Upside
  • Bring Offers - Seller Motivated!

OVERVIEW

Rare Value-Add Opportunity in Mar Vista. Two Side-by-Side Parcels || 14,133 combined sf || LAR3 Zoning || Tier 1 TOC || ED1 Eligible. Calling all investors, developers, ADU builders, fix-and-flip/hold buyers and visionaries: seize the chance to own two contiguous parcels totaling 14,133 square feet of land in the highly sought-after Mar Vista neighborhood of Los Angeles. Located on iconic Venice Boulevard a dynamic, high-visibility corridor in the heart of LA. Being Sold Together - 4 units at 11848 Venice Blvd (Lot Size: 7,089SF, APN: 4214-017-032) and 3 units at 11856 Venice Blvd (Lot Size: 7,044SF, APN: 4214-017-033). This is a unique opportunity. Ideal for Builders, Developers, Buy-and-Hold or Fix-and-Flip Buyers Seeking Long-Term or Short-Term Upside. Sellers Motivated - Bring ALL offers!

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

7

PRICE/UNIT

$414,286

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Developers, Investors, ADU Builders

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

LAR3

APN/PARCEL ID

4214-017-032,4214-017-033

ASK ABOUT THIS PROPERTY

Linda LightColdwell Banker RealtyMore Info
310-963-7010

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Linda LightColdwell Banker RealtyMore Info
310-963-7010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.